Modiz Sukhumvit 50 is a new high rise development in the very popular location of On Nut, Sukhumvit Road. This area has been witnessing record growth in Bangkok and is an ideal location for investors looking for entry level prices as central as possible.
Modiz Sukhumvit 50 offers a fantastic short-term rental management scheme for investors. When a tenant is found you can track your property vacancy live on the app. Short term tenants pay higher rates which will maximise your income and check-in/check-out is directly managed through the building so no need to find 3rd party rental agencies. Each property will be fitted with a smart-phone feature where the residents can directly order food, taxi’s, technical service, checkout and more.
So it is clear this is a project offering a refreshingly different approach to the challenge of rental management and after-sales care, especially for owners living outside of Thailand.
Modiz Sukhumvit 50 is a residential project featuring 3 buildings (25 floors) and an Auto-Parking building (12 stories). There are a total of 646 residential units and 3 commercial units which will be used for on-site conveniences including a Mini-Mart. The amenities cover all a resident should need including the following: Onsen Private Spa, Top Floor Fitness Centre, Swimming Pool, Jacuzzi, Kids Pool, Kids Room, Meeting Room, Laundry, Moon Terrace, Yoga Room, Theatre , Co-Working Space, Co-Dining / Sky Bar, Roof Observation Deck, Gardens, Automatic Parking Building.
Units available are 1 Bedroom (27m2 – 30m2) and 1 Bedroom Plus (35m2). All units come fully furnished plus electrical appliances inclusive of the price – all you need to do is invest and reap the rental rewards with hands-free management.
On Nut is quickly becoming one of the most popular neighbourhoods in Bangkok among expats who want to escape from the heart of the city. Although the condos for rent in On Nut tend to be cheaper than those in the central part of the city, they come complete with plenty of modern conveniences. People who choose to live in this area will also have plenty of shopping and nightlife opportunities right on their doorsteps, while there are also some interesting shophouses for rent in On Nut.
Shopping is a popular pastime in On Nut and Tesco Lotus shopping centre can be found in the heart of the area. This is a good place to pick up groceries as well as homeware products and everything else that is needed for setting up a new home. Carrefour and Big C shopping centres can also be found in this neighbourhood, while a large market can be found at nearby On Nut Square that sells everything from clothes to shoes, bags and much more.